Before any online gambling site offers players services, it must obtain a gaming license from a recognised organisation. Without a gambling license, it’s hard for anyone to trust an online casino that offers real money gambling. Even some official banking institutions cannot work with online casinos without a gambling license. And today, we are here to describe to you the importance of casino licenses.
Finding Licensed and Regulated Online Casinos
The best online casino gambling sites have a license from a trustworthy organisation. Before listing any online casino here, our experts make sure that each casino has a valid license. So, you can confidently join the casinos listed on this page, knowing that they are licensed and regulated.
Reasons to Join Licensed Online Casino Sites
You may risk sharing your sensitive details with rogue operators or losing your hard-earned money if you join an online gambling site without a license. Here are the top three reasons why you should always join licensed online casinos.
- Gamble Online Lawfully
The first reason to join licensed and regulated casinos is to be on the right side of the law. An online casino that holds a recognised license is bound to follow the country’s or region’s gambling laws. Such a casino encourages responsible gambling and protects players from wasting their money and energy on obsession.
- Safe and Fair Gambling Online
Licensed online casinos are obliged by law to provide a safe and fair gambling environment. They use cutting-edge encryption technologies and offer casino games designed using RNG. Thus, players can engage in real money gambling without worrying about their safety online.
- Friendly Bonus Terms and Guaranteed Payouts
When you join a licensed online casino, you don’t need to worry about an operator refusing to payout your winnings. Also, you can expect to get casino bonuses with reasonable T&Cs.
Popular Online Casino Gambling Jurisdictions and Licensing Authorities
There are several online gambling jurisdictions or regions where governments have passed laws to legalise online gambling activities. Some online gambling jurisdictions are more popular than others because of the large number of gambling sites they license and regulate. Let’s have a look at the most popular online gambling licensing authorities.
Casino Licensing Authority
UK Gambling Commission (UKGC)
The UKGC has been issuing gambling licenses and regulating gambling activities in the UK since 2005. It also offers remote betting licenses and has rules that cover gaming software testing and financial transparency.
Malta Gaming Authority (MGA)
Initially known as the Lotteries and Gaming Authority (LGA), the MGA is a world leader in online gambling regulation. The organization issues 4 types of licenses from Class 1 to Class 4.
Curacao is one of the best jurisdictions to look for a gambling license that works pretty much everywhere in the world. Also, Curacao is home to many online casinos because of its favourable tax laws and affordable gambling licenses.
Isle of Man
The Isle of Man has been issuing gambling licenses since 2001. Online casinos with a license from the Isle of Man are considered safe, fair, and legitimate.
Alderney Gambling Control Commission (AGCC)
Established in May 2000, the AGCC issues gambling licenses and ensures the integrity of electronic gambling activities. The AGCC also protects the interest of vulnerable individuals.
Gibraltar Gambling Commission
Gibraltar is one of the earliest jurisdictions to issue online gambling licenses. The Commission ensures that all online gambling operators provide a safe and fair gambling environment for players.
Besides the casino gambling jurisdictions listed above, online casino operators can get gambling licenses from other renowned jurisdictions. These include Antigua and Barbuda, Panama, Kahnawake (Canada), and Costa Rica.
Licensing is a crucial aspect of online gambling. You should only join online casinos with a valid and verifiable license. Therefore, playing at a licensed casino doubles the safety of your money, personal information, and bank details.